Concord Biotech Limited Share Price Today

Techno Funda Ratings

RS Rating
55
Weak
EPS Rating
13
A/D Rating
A+
Excellent

Key Metrics

Current Price

₹1346

Market Cap

₹ 14,048 Cr.

Stock P/E

58.9

ROE

12.5 %

RSI

63.13

Trend

Bullish

Share Price Chart

Technical Commentary

Concord Biotech Ltd currently shows Bullish momentum based on moving averages, RSI behavior, earnings strength and institutional accumulation activity. The stock currently has an Accumulation Distribution Rating of A+, a Relative Strength Rating of 55 and an EPS Rating of 13. TI65 trend indicator currently remains Bullish.

Buy or Sell Analysis

Speculative Momentum Phase (Neutral / Hold). Concord Biotech Ltd is trading above its 50 DMA (1238.36), but it lacks the powerful fundamental support typically required to sustain an extended bull run, as evidenced by a trailing Stock P/E of 58.9 and an ROE of 12.5%. Market relative strength is mediocre (RS Rating: 55), indicating that current price discovery is driven by short-term speculative indexing rather than aggressive institutional backing (A/D Grade: A+). While short-term long positions remain valid as long as the price stays above key support floors, conservative market participants should avoid sizing up heavily here. Maintain a neutral profile, trail defensive stops tightly below the 50 DMA, and watch for a decisive high-volume catalyst.

Company Overview

Incorporated in 1984, Concord Biotech Limited is an India-based R&D-driven biopharma company and manufacturer of fermentation-based APIs across immunosuppressants and oncology.[1]

Concord Biotech Ltd share price remains one of the actively tracked stocks on NSE among traders and long term investors.

The latest Concord Biotech Ltd share price NSE movement reflects ongoing investor interest driven by company fundamentals, sector performance and broader market sentiment.

From a technical analysis perspective, the Concord Biotech Ltd share price chart currently indicates a Bullish trend based on moving averages and RSI momentum analysis.

Technical Analysis

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IndicatorValue
Current Price1346
RSI (14)63.13
50 DMA1238.36
200 DMA1279.49
TrendBullish
A/D RatingA+
RS Rating55
EPS Rating13
TI651.09
TI65 TrendBullish

Pivot Points Analysis

Daily pivot points for Concord Biotech Limited calculated using previous trading session data. These levels help traders identify intraday support, resistance and breakout zones using Classic Pivot Point methodology.

Classic Pivot Points

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LevelValue
R3₹1404
R2₹1384.8
R1₹1365.4
PP₹1346.2
S1₹1326.8
S2₹1307.6
S3₹1288.2

Financial Ratios

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MetricValue
Market Cap₹ 14,048 Cr.
Current Price₹ 1,343
High / Low₹ 1,980 / 987
Stock P/E58.9
Book Value₹ 193
Dividend Yield0.56 %
ROCE17.1 %
ROE12.5 %
Face Value₹ 1.00

Quarterly Results

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QuarterSalesProfitOPM
Mar 20232739147%
Jun 20231955437%
Sep 20232628144%
Dec 20232417844%
Mar 20243199541%
Jun 20242166038%
Sep 20243109643%
Dec 20242447640%
Mar 202543014044%
Jun 20252044430%
Sep 20252476336%
Dec 20252786435%
Mar 20263268836%

Shareholding Pattern

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HolderHolding
Promoters 44.08%
FIIs 6.49%
DIIs 8.41%
Public 41.03%
No. of Shareholders83,296

Pros and Cons

Pros

  • Strong technical momentum with price holding comfortably above the 50 DMA (1238.36).

Cons

  • Valuation metrics appear elevated with a trailing P/E of 58.9, demanding high performance requirements.

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Frequently Asked Questions

What is the current technical trend and RSI for Concord Biotech Ltd share?

Based on the latest closing data, the technical momentum for Concord Biotech Ltd is currently evaluated as Bullish. The stock is exhibiting an RSI (14) of 63.13, indicating it is trading in a neutral balanced zone. Key tracking supports are currently located near the daily pivots, with price relative to the 50 DMA (1238.36) defining immediate multi-day trend patterns.

What are the key resistance and support pivot points for Concord Biotech Ltd?

According to Classic Pivot Point methodologies, the core trading floor for Concord Biotech Ltd today centers at a Pivot Point (PP) of ₹1346.2. Upside resistance challenges are calculated at R1: ₹1365.4, R2: ₹1384.8, and R3: ₹1404. Conversely, if selling pressure intensifies, immediate floor support targets are positioned at S1: ₹1326.8, S2: ₹1307.6, and S3: ₹1288.2.

How does the fundamental ROE and P/E ratio look for Concord Biotech Ltd?

Concord Biotech Ltd is currently trading with a valuation metrics context of a Stock P/E of 58.9, against a core structural efficiency Return on Equity (ROE) standing at 12.5 %. This fundamental operational efficiency baseline is coupled with an EPS Rating of 13, allowing investors to track how corporate profitability trends align with current price discovery cycles on the National Stock Exchange (NSE).

Should I buy or sell Concord Biotech Ltd shares based on corporate rankings?

Our dynamic trade matrix suggests a status of: Speculative Momentum Phase (Neutral / Hold). Concord Biotech Ltd is trading abov... For long-term portfolios, decision-making should match the stock's market performance profile, which currently displays an institutional Accumulation/Distribution (A/D) grade of A+, a Relative Strength (RS) ranking of 55, and long-term trend backing from the TI65 indicator (Bullish pattern).

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